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EU countries back carbon market changes to curb price spikes, diplomats say
Source: reuters.com
ESG & Climate PolicyRegulation & LegislationCarbon Markets & Pricing
EU countries agreed to retain more surplus CO2 permits in the EU Emissions Trading System, aiming to limit potential spikes in carbon prices. The measure could increase near-term permit supply availability and reduce price volatility for carbon-intensive industries, while influencing ETS market dynamics.
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